Overview
What is Claiborne Academy Foundation?
The Claiborne Academy Foundation is a nonprofit organization situated in Homer, Louisiana, with the address 6741 Highway 79. Their primary focus and mission are to provide top-notch education to children in grades K through 12. With a dedicated workforce of 30 individuals, the foundation is committed to upholding this mission, ensuring that each student receives a well-rounded and high-quality educational experience.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 65%)
The Claiborne Academy Foundation has received a rating of two stars, indicating a need for improvement in various aspects of its operations, particularly in accountability and financial transparency. While the organization boasts a solid financial structure, with a program expense ratio of 97.15%, which reflects a strong commitment to its mission, it struggles significantly in transparency measures.
One of the strengths of the foundation is its governance structure, highlighted by having 100% independent board members and a favorable liabilities to assets ratio of 36.20%. However, the lack of financial statements and missing policies related to conflict of interest and whistleblower protections raises concerns about its operational practices. This lack of documentation could hinder trust and accountability in the eyes of stakeholders.
Overall, while the Claiborne Academy Foundation shows positive financial management through its high program expense ratio and independent governance, it must address significant transparency and accountability gaps to improve its rating and foster greater confidence among donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Claiborne Academy Foundation legitimate?
Claiborne Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Claiborne Academy Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $32,829
Professional Fundraising Fees: $0
Other Salaries and Wages: $585,269
For more financial information, click here
What is the mission statement of Claiborne Academy Foundation?
The Claiborne Academy Foundation's mission revolves around providing top-notch education to children. Specifically, their focus is on children in the elementary (Grade K) through secondary (Grade 12) levels. Their mission is carried out through various activities, with the ultimate goal of ensuring these children receive a high-quality education.
Who is the CEO of Claiborne Academy Foundation?
Zack Buckner is the Headmaster of Claiborne Academy Foundation.
What is the revenue of Claiborne Academy Foundation?
Claiborne Academy Foundation's revenue in 2023 was $1,322,044.
Who are the executives of Claiborne Academy Foundation and what are their salaries?
The average compensation at Claiborne Academy Foundation during 2023 was $20,603. There are 30 employees at Claiborne Academy Foundation.
Here are 9 key members and their salaries:
- Compensation: $20,329
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- Other: $0
- Compensation: $12,500
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Claiborne Academy Foundation?
Claiborne Academy Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Claiborne Academy Foundation
Claiborne Academy Foundation is committed to providing top-notch education for children in grades K through 12. This nonprofit organization's mission is centered around delivering a high-quality educational experience that equips young learners with the knowledge and skills necessary for their future. Through its various initiatives and programs, Claiborne Academy Foundation strives to create an environment that fosters academic growth and development, ensuring that every child has the opportunity to thrive.
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Impact
July, 2024
The Claiborne Academy Foundation's impact is felt through its provision of quality education for children in grades K through 12 in Homer, Louisiana. Their mission is to ensure that children receive a high standard of education, nurturing their growth and development. By offering quality education to students, the foundation plays a crucial role in shaping the future of these young individuals and the community as a whole.
This information is meant to be a general summary of Claiborne Academy Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $1,178,095
- Gross Receipts: $1,515,168
Assets and Liabilities:
- Total Assets: $659,000
- Total Liabilities: $238,560
- Net Assets: $420,440
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Organization Details
Founding Year
1970
Phone
(318) 927-2747Principal Officer
Zack Buckner
Main Address
6741 HIGHWAY 79, HOMER, LA, 71040
NTEE Category
Code: B240 - Education
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